PVOIL

PVOIL reported consolidated H1 2026 revenue of VND 127,300 billion, up 74% year-on-year, completing 83% of the full-year target. The company targets 2026 pre-tax profit of VND 820 billion (+25%), driven by retail network expansion and the launch of E10 gasoline. Investors should watch for first revenue from jet fuel (Jet A1) expected in late 2026.

PVOIL and V-Green signed a strategic partnership to install over 3,000 battery swap cabinets for electric motorcycles and car charging stations at nearly 1,000 PVOIL gas stations nationwide, with completion targeted by June 2026. This expands PVOIL's non-fuel services and supports VinFast's EV ecosystem, reinforcing Vietnam's charging infrastructure.

VIC's subsidiary V-Green signs a strategic partnership with PVOIL to install 3,000 battery-swapping cabinets for electric motorcycles at nearly 1,000 PVOIL gas stations by end of June 2026. The deal expands VinFast's charging infrastructure and supports the rapid growth of its electric motorcycle segment, reinforcing Vingroup's ecosystem strategy.

Petrovietnam appointed former PVOIL Chairman Cao Hoai Duong as Deputy General Director, filling a key leadership role as the group faces global energy challenges and pursues its 2030 strategy. The move signals continuity in upstream-downstream coordination.